Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: SunX against Lighter+0.035%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1000.997% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 3 days (all we have)−0.014%−$1 · spread now +0.035%, 7d avg +0.041%
=Together, before fees−0.084%+ Points / potential airdropLighter: Season 3 · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AAPL | 338.76 | 0.0032 | pay 0.0004% / 1h | 32m 30s | $770K | $2.3M | 20x |
| Short | SunX AAPL-USDT | 338.88 | 0 | get 0.0000% / 8h | 7h 32m | $715 | $4.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$6.72
- Price spread: +0.035% → +0.041%
- −$0.55
- Slippage, 4 orders
- −$91.66
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$106.93
- Costs to cover
- 0.997%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; SunX: live order book, 6 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 4 min ago | 0.44 bp | 0.7 bp −$1 | 1.7 bp −$17 | 54.1 bp −$5,407 | doesn't fit |
| Sell SunX live order book, 6 min ago | 44.69 bp | 49.2 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
AAPL on 33 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.0386% | 4h | 338.84 | +0.025% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0023% | 1h | 338.73 | −0.008% | $556K | $36K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.96 | +0.057% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.89 | +0.038% | $6.0M | $39.3M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.85 | +0.026% | $6.4M | $6.5M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.68 | −0.024% | $3.0M | $4.2M | 100x | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.93 | +0.050% | $13K | $479K | 10x | as long as short |
| SunX AAPL-USDTshort | 0.0000% | 8h | 338.88 | +0.035% | $715 | $4.7M | 20x | |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.68 | −0.024% | $28K | $66K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.00 | +0.071% | $53K | $225K | 30x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex AAPLUSDT | 0.0000% | 4h | 338.95 | +0.056% | $2.1M | $6K | 10x | as long as short |
| Lighter AAPLlong | +0.0032% | 1h | 338.76 | long leg | $770K | $2.3M | 20x | |
| Lighter RH AAPL | +0.0032% | 1h | 338.81 | +0.014% | $957K | $3.6M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.63 | −0.039% | — | $52K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.80 | +0.012% | $40.8M | $75.9M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.67 | −0.027% | $263K | $396K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.79 | +0.009% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.57 | −0.056% | $1.4M | $2.5M | 20x | as long as short |
| Bitget AAPLUSDT | +0.0052% | 8h | 338.90 | +0.041% | $6.2M | $3.4M | 100x | as long as short |
| QFEX AAPL-USD | +0.0059% | 1h | 338.87 | +0.032% | $3.2M | $5.1M | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0064% | 1h | 338.79 | +0.009% | $36K | — | 20x | as long as short |
| Variational Omni AAPL | +0.0090% | 8h | 338.94 | +0.051% | $2.4M | $1.4M | — | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.60 | −0.048% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.66 | −0.030% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.83 | +0.020% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.82 | +0.016% | $11K | — | 10x | as long as short |
| Extended AAPL_24_5-USD | +0.0112% | 1h | 338.83 | +0.021% | $286K | $2.4M | 10x | as long as short |
| Binance AAPLUSDT | +0.0112% | 8h | 338.90 | +0.040% | $22.2M | $66.7M | 25x | as long as short |
| BloFin AAPL-USDT | +0.0114% | 8h | 338.91 | +0.044% | $347K | $169K | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0184% | 1h | 338.77 | +0.003% | $659K | $663K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.65 | −0.033% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 338.96 | +0.059% | $5K | $11K | 20x | as long as short |
| Arcus AAPL-USD | +0.0406% | 1h | 338.81 | +0.014% | $269K | $70K | 20x | as long as short |
Lighter AAPL
SunX AAPL-USDT
edgeX AAPLUSDC
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
GRVT AAPL_USDT_Perp
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
Lighter RH AAPL
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Bitget AAPLUSDT
Variational Omni AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
BloFin AAPL-USDT
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL